Advertisements



How To Wipe Out Puerto Rico"s Debt Without Hurting Bondholders

How To Wipe Out Puerto Rico"s Debt Without Hurting Bondholders.....»»

Category: topSource: seekingalphaOct 12th, 2017

Exclusive: Baupost"s Klarman resists calls to wipe out Puerto Rico debt

BOSTON (Reuters) - Billionaire investor Seth Klarman on Wednesday resisted calls for Puerto Rico's debt to be wiped out and said the island's residents will be better off in the long run if obligations are honored......»»

Category: topSource: reutersOct 18th, 2017

Trump should honor his short-lived promise to "wipe out" Puerto Rico"s debt

Jonathan Ernst For a man that has branded himself as the "king of debt," President Donald Trump seems to have a very thin grasp on how the bond market works. Trump, whose businesses have gone bankrupt no fewer than six times, .....»»

Category: topSource: businessinsiderOct 5th, 2017

'Wipe out' Puerto Rico debt? Hedge funds, residents at risk of losses

Eliminating Puerto Rico’s debt would speed the island’s recovery following Hurricane Maria, but it could also lead to crushing losses for investors. .....»»

Category: topSource: usatodayOct 5th, 2017

President Trump’s Puerto Rican Debt Comments Have Spooked Investors

Trump said he wanted to "wipe out" Puerto Rico's $74 billion debt. President Donald Trump late Tuesday suggested he wished to “wipe out̶.....»»

Category: europeSource: fortuneOct 4th, 2017

Trump can"t just wipe out Puerto Rico"s debt

President Trump has plenty of power, but he can't make Puerto Rico's mountain of debt magically disappear......»»

Category: topSource: cnnOct 4th, 2017

Breakingviews: Trump Brings His Own Storm to Puerto Rico

The troubled island’s bond prices plunged Wednesday after the president said the U.S. would wipe out its billions in debt, and creditors braced for a bigger haircut than expected......»»

Category: dealsSource: nytOct 4th, 2017

Trump doesn"t have magic wand to wipe out Puerto Rico"s debt

The "King of Debt" has plenty of power, but he can't make Puerto Rico's mountain of debt magically disappear......»»

Category: topSource: cnnOct 4th, 2017

Mulvaney quickly walks back Trump vow to wipe out Puerto Rico debt

Mulvaney quickly walks back Trump vow to wipe out Puerto Rico debt.....»»

Category: topSource: washpostOct 4th, 2017

Trump: We"ll have to "wipe out" Puerto Rico debt

President Trump on Tuesday raised the prospect of wiping out hurricane-ravaged Puerto Rico's crushing debt load......»»

Category: topSource: cnnOct 4th, 2017

Trump on Puerto Rico debt: "We will have to wipe that out"

President Trump on Tuesday raised the prospect of wiping out hurricane-ravaged Puerto Rico's crushing debt load......»»

Category: topSource: cnnOct 4th, 2017

Rejection Of PREPA Debt Restructuring That Favored Bondholders Is A ‘Good Day’ For Puerto Rico

‘A Course That Will Help the Commonwealth Resolve Its Larger Fiscal Problems’ June 28, 2017 (IEEFA.org) — Analys.....»»

Category: blogSource: valuewalkSep 20th, 2017

Rough ride for Puerto Rico bondholders

Puerto Rico debt holders are scrambling after the island filed for one of the biggest local government bankruptcies in U.S. history. Conway Gittens reports......»»

Category: videoSource: reutersMay 5th, 2017

Puerto Rico, with $73 billion in debt, forced toward bankruptcy

A maze of government-issued bonds complicates attempts to settle with bondholders.....»»

Category: topSource: washpostMay 3rd, 2017

Puerto Rico announces $70 billion debt restructuring

CNBC's Leslie Picker reports that Puerto Rico has announced intent to trigger restructuring of the territory's debt to bondholders......»»

Category: topSource: moneycentralMay 3rd, 2017

Puerto Rico governor announces historic restructuring of $70B debt through courts after talks with bondholders fail.

Puerto Rico governor announces historic restructuring of $70B debt through courts after talks with bondholders fail......»»

Category: topSource: foxnewsMay 3rd, 2017

Puerto Rico Left Open to More Financial Turmoil

IEEFA to Congressional Subcommittee on PREPA: Debt Restructuring Plan Before Congress Is Not Realistic and Does Not Hold All Players Accountable; Puerto Rico Left Open to More Financial Turmoil Bondholders and Financiers Are Not Stepping Up; Citize.....»»

Category: blogSource: valuewalkMar 22nd, 2017

The Wall Street Journal: Hedge-fund billionaire Seth Klarman says canceling Puerto Rico debt ‘impractical’

Billionaire hedge-fund manager Seth Klarman questioned the wisdom of expunging Puerto Rico’s financial obligations in a Wednesday letter to his investors......»»

Category: topSource: marketwatch21 hr. 7 min. ago

Puerto Rico Weed Industry Takes a Hit From Hurricane

Puerto Rico's fledgling legal marijuana industry, once seen as a potential economic savior for the debt-riddled island, is struggling after Hurricane Maria......»»

Category: topSource: msnbcOct 15th, 2017

Puerto Rico Weed Industry Takes a Hit Due to Hurricane

Puerto Rico's fledgling legal marijuana industry, once seen as a potential economic savior for the debt-riddled island, is struggling after Hurricane Maria......»»

Category: topSource: msnbcOct 14th, 2017

To the average investor, Puerto Rico debt crash is more of a whimper than a bang

There was a time when investors couldn't g.....»»

Category: topSource: latimesOct 12th, 2017